Exhibit 12.1

PEOPLE'S UTAH BANCORP

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

	Years Ended December 31,
	2017		2016		2015		2014		2013
Earning:
Income before income tax expense		36,323		36,883		29,876		23,151		18,216
Add: fixed charges		3,342		2,874		2,961		3,260		3,337
Total earnings		39,665		39,757		32,837		26,411		21,553
Fixed Charges:
Interest expense		3,342		2,874		2,961		3,260		3,337
Total fixed charges		3,342		2,874		2,961		3,260		3,337
Ratio of earnings to fixed charges	11.87x		13.83x		11.09x		8.10x		6.46x

We did not have any preferred shares outstanding and did not pay or accrue any preferred share dividends during the periods presented.